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Blackstone to Stay with SAC

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  • Description

    FBN’s Dennis Kneale with an afternoon market update, plus news that Blackstone Group plans to keep its money with SAC Capital.

  • Duration 0:54
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I'm -- -- deal with your Fox Business brief.

-- down day on Wall Street as lawmakers remain at a standstill on how to resolve the fiscal cliff right now the Dow down 58 points.

Sources telling Reuters meanwhile the Blackstone Group will keep its money where FAC capital despite a federal insider trading probe.

Into that very much watched hedge fund.

Asset management on a Blackstone has 550 million invested with SEC.

Insiders say -- executive -- at least three discussion -- that they see brass about the ongoing investigation.

Starbucks reportedly looking to revamp its European operations Wall Street Journal reporting the coffee giant pool opens -- closer to areas where people work and live.

Clothing some -- locations and high end shopping districts.

Move following similar tactics Starbucks used in the US turnaround and that is the latest from Fox Business giving you the power from.